Enefit Green solar and wind power park invests 350 million in Estonia. Eur

Enefit Green solar and wind power park invests 350 million in Estonia. Eur
Enefit Green solar and wind power park invests 350 million in Estonia. Eur

Published: 2023-05-25 16:32

photo of Vladimir Ivanovs (V).

Enefit Green, a renewable energy company managed by Eesti Energia group, has made a final decision to invest in a 74 MW Sopi solar power park in Estonia. Together with the nearby 255 MW Sopi-Tootsi wind farm, mon hybrid renewable energy park is investing a total of almost 350 million. Eur.

The project is part of Enefit Green’s previously announced near-term renewable energy development plan, which aims to at the end of the year, four times increase the power generation capacity of the producer.

It should grow to 1,900 MW, and the total investment will reach 2.5 billion. Eur, announced mon via Nasdaq bir.

The Sopi solar power park is expected to be put into operation in 2025. and will produce about 75 GWh of electricity per year. project Enefit Green will invest almost 44 million Eur.

It is estimated that the total annual production of the wind and solar power plants planned to be built in the Sopi-Tootsi renewable energy zone will reach 754 GWh, which is about 9% of all electricity consumed in Estonia.

In order to increase the guaranteed investment income, Enefit Green also concludes an electricity sale agreement for a part of the expected production, which will complement the already concluded electricity sale agreements, which financially ensure the construction of the solar and wind power park.

moni grup Eesti Energia is the largest producer and trader of electricity in the Baltic states. Grups mons operates in Estonia, Latvia, Lithuania, Poland, Finland. It also operates branches in the United States and Jordan.

in Lithuania since 2007 Group company UAB Enefit operates, as well as Enefit Green, the largest wind power producer in the Baltics and Lithuania.

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The article is in Lithuanian

Tags: Enefit Green solar wind power park invests million Estonia Eur


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